Budget by Projects is a financial metric that tracks the planned and actual expenses of a specific project, helping teams stay on track with their budgeting goals.
With Databox you can track all your metrics from various data sources in one place.
Used to show comparisons between values.
Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Budget by Projects using Databox, follow these steps:
The Hours Tracked metric measures the total amount of time spent on a project by all team members, providing valuable insights into project progress and team productivity.
Non-Billable Hours is a measure of time spent on tasks that cannot be billed to clients, such as internal meetings, training, and administrative work.
The Billable Amount by Projects metric measures the total amount of money earned from billable projects, providing insight into how profitable each project is and where resources should be allocated.
Expenses metric measures how much money a business spends on various costs and expenses such as salaries, rent, utilities, materials, marketing, etc. during a specific period.
The Paid Invoices Amount metric shows the total amount of money that has been paid by clients for completed work. It is an important measure of revenue generated by the business.
The Hourly Budget by Clients metric tracks the amount of billable hours budgeted by each client per hour to ensure projects are staying within estimated costs and to adjust client expectations if necessary.
The Budget metric tracks the planned expenses for a project or task, allowing users to compare the actual spending to the planned budget and adjust accordingly.
The Active Projects metric shows the number of ongoing projects, allowing businesses to monitor workload and resource allocation effectively.